The Key to Entrepreneurship

As I was browsing through blogs, I came across Claire Pourbaix’s post “What Makes a Successful Entrepreneur?” Briefly speaking, her post talks about how there are six key points that distinguish entrepreneurs from being good to great. I find it interesting how three of these six points were hinted in our lecture last week. For example, the first point is “seek counsel from others”. As we learned in class, entrepreneurs in Ethiopia—whether it was craftswoman Salem, or banana paper businessman Tesfaye—both became more successful because they sought help from others at the Arc Initiative conference. The second point is “seeing small details sets the great apart from the mediocre”. Tony Hsieh, owner of Zappos, is successful because he realized that job environment differentiates productivity among employees. The last point is “persevering where others would quit”. Michelle Lei, owner of Light Activewear, showed perseverance when retailers refused to sell their expensive products. As shown, these keys points are present in entrepreneurs: Tesfaye, Salem, Tony and Michelle.

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